Fundtech Appoints Michael F. Jackson, Head of Americas Cash Management

Jersey City, NJ – January 28, 2014 - Fundtech, a market leader in global transaction banking solutions, today announces that it has hired Michael F. Jackson as Head of Americas Cash Management. He was brought on to lead Fundtech’s cash management business in the Americas as the Company invests in and expands the business in this market. He reports to Gil Gadot, Head of Global Cash Management, and Edward Ho, President and Chief Operating Officer.

Mr. Jackson brings to Fundtech more than 25 years of experience in financial services, in areas including product strategy and product management, enterprise application software development, professional services, customer support, and bank operations. He was most recently Vice President of ACI’s Electronic Bill Presentment and Payment (EBPP) group. Before joining ACI he held various senior roles with S1 Corporation, including General Manager of the firm’s Americas Channel where he was instrumental in the design and development of S1’s Corporate Banking Application. He began his career in financial services at Regions Financial Corporation.

“Michael Jackson brings a wealth of experience in financial services and technology, and has a deep understanding of the liquidity challenges facing corporate treasurers, as well as the needs of the banks that serve this group,” says Gadot. “With a demonstrated track record of team leadership, business growth, and improved customer satisfaction, he will drive the evolution of Fundtech’s North American cash management product suite to best serve its customers.”

About Fundtech
Fundtech offers a comprehensive line of transaction banking solutions to banks and corporations of all sizes around the world. As a strategic supplier, Fundtech’s customers benefit from lower operating costs and an enhanced end-user experience through integrated and feature-rich solutions. The firm’s major product lines include: global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway and mobile banking products. Fundtech offers its software through a traditional software license and a Software-as-a-Service (SaaS) contract. Thousands of financial institutions and companies worldwide rely on Fundtech’s innovation to improve operational efficiency, increase revenues, and provide greater competitiveness through business-to-business services. Founded in 1993, Fundtech was acquired in 2011 by GTCR, a Chicago-based private equity firm. For more information please visit www.fundtech.com.

Press Contacts

Patrick Kilhaney
Public Relations & Analyst Relations Manager, Fundtech
+1 201 215 6524
patrick.kilhaney@fundtech.com

Kevin Maher - Cognito
+1 646 395 6304
kevin.maher@cognitomedia.com